cash-to-crypto

Cash-to-Bitcoin Service to be Launched by Binance in Australia

Cash-to-Bitcoin Service to be Launched by Binance in Australia

Binance has launched a cash-to-bitcoin service in Australia to cater the demand from the Australian users and allow them to purchase bitcoin with cash through its new subsidiary Binance Lite Australia. The CFO of Binance, Wei Zhou said, “Australia has been at the forefront of blockchain innovation, and we hope Binance Lite Australia can play a role to help further this cause.”

Crypto Exchange Market News

Binance to Add Cash-to-Crypto in Asia and Uganda

Previously, Binance announced its expansion plan to allow users to convert fiat currency to cryptocurrency by opening fiat-to-cryptocurrency in Malta. The CEO of Binance, Changpeng Zhao revealed that the company is currently in an expansion progress and said, “We are setting up a fiat-to-cryptocurrency exchange in Malta and also in Uganda and, hopefully, in Asia as well.”